Parspec

Parspec is a US-based software company that offers an AI-powered platform tailored for MEP (Mechanical, Electrical, Plumbing) sales, distribution, and estimation workflows.

Its clients range from lighting and electrical distributors to specification sales teams working through complex project pipelines.

Parspec centralises three core tools into one cloud-based platform: Product Finder for intelligent item matching, Quoting for efficient bid generation, and Submittals & O&Ms for assembling professional documentation packages.

Sales and specification teams feed in part numbers or BOMs and receive AI-curated alternatives that meet spec, cost, and availability requirements.

Quotes update in real time with pricing and markup logic. Document packages—submittals and operations manuals—compile automatically with relevant datasheets, annotations, branding, and versioning.

Parspec uses machine learning and image-to-text to recognize product details, associate up-to-date manufacturer datasheets, and suggest intelligent alternatives based on project patterns and preferences.